Australian Aid
p. 10 · Read in the full issue
For South Pacific
Australia will give Papua New Guinea $187,226,000 in economic aid in 1974-75, an increase of $11,492,000 over the 1973-74 figure. This is pro vided for in the Australian budget, which also allocates $22,722,000 to PNG in defence co-operation expendi ture, down $778,000 on 1973-74.
Other provisions for aid in the South Pacific are (1973-74 figures, where applicable, in brackets): Bilateral expenditures Projects, equipment, experts and related activi ties: Aid programme, $3.8 million ($2,025 million); Suva-Nadi highway, loan, $1,815 million; Air Pacific, loan, $845,000. Training: Aid pro gramme, $477,000 ($283,000). Other: Preservation and development of South Pacific cultures, $50,000.
The South Pacific will also share in “hidden” aid, estimated to cost $l2 million, which is given to educational institutions for the benefit of overseas students.